Profitable Set-ups for Volatile Markets

by Carter, John

• ISBN13: 9781592803514
• ISBN10: 1592803512
• Edition: DVD
• Format: Hardcover
• Copyright: 2009-01-20
• Publisher: Marketplace Books

Summary

Learn how to make the most of today's volatile markets with the help of John Carter, commodity trading adviser with TradeTheMarkets.com and author of the bestselling book Mastering the Trade. Using a variety of indicators, Carter offers detailed exit strategies so you can keep the profits you worked so hard to find. Combined with his expert advice on market psychology, these techniques will put you well ahead of the curve.
With years of experience and real-world examples, Carter's course will show you:
- How to use heikin-ashi bars and candlestick patterns to identify exits in volatile markets
- Why Fibonacci extensions are powerful for predicting new highs and new lows
- How to accumulate positions in quiet markets to maximize moves
- The relationship between Bollinger bands and Keltner channels, and how to interpret them
- How to use the RSI to find trendbreaks and exponential moving averages to establish retracements

The setups in Carter's course are designed to help you develop the skills necessary to profit from highly volatile markets. Learning to interpret these indicators and recognize big moves will give you opportunity after opportunity to profit. After that, all you have to do is take them!

Author Biography

John Carter's father was a Morgan Stanley stock broker. Carter was introduced to options trading and stock trading when he was a sophomore in high school and has been day trading full time since that day.
Carter's college major was international finance and he studied at the University of Cambridge, England. John Carter graduated from the University of Texas in Austin. He graduated with degrees in History and Economics.
Carter was never that intrigued by the brokerage side of the trading world. Instead, he liked to try and test various online trading strategies though college and well into his corporate jobs. He became quite adept at making money and keeping money in his day trading account. The road was not always easy and Carter learned his lesson the hard way like many day traders out there.
Carter eventually found a trading system he was satisfied with and pursued full-time professional trading in 1996. Eventually he grew tired of day trading by himself in his office and chatting with his Arrowana (a large fish). He proceeded to launch TradeTheMarkets.com to post his day trading ideas and trades.
Today, Carter is a Commodity Trading Advisor with Razor Trading, and manages a futures and a Forex trading fund. Recently, McGraw Hill commissioned him to write a book entitled Mastering the Trade, which was released in January, 2006. The book quickly became a bestseller and Carter was also featured on ABC Money with his new online trading book, Mastering the Trade.